NTV Asset Management LLC Buys 125 Shares of SPDR Gold Shares $GLD

NTV Asset Management LLC grew its stake in SPDR Gold Shares (NYSEARCA:GLD) by 3.8% in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 3,397 shares of the exchange traded fund’s stock after purchasing an additional 125 shares during the period. NTV Asset Management LLC’s holdings in SPDR Gold Shares were worth $1,036,000 at the end of the most recent reporting period.

Several other institutional investors have also modified their holdings of GLD. Brighton Jones LLC lifted its stake in shares of SPDR Gold Shares by 20.4% during the 4th quarter. Brighton Jones LLC now owns 11,246 shares of the exchange traded fund’s stock worth $2,723,000 after acquiring an additional 1,903 shares during the last quarter. Bison Wealth LLC lifted its stake in shares of SPDR Gold Shares by 77.8% during the 4th quarter. Bison Wealth LLC now owns 5,941 shares of the exchange traded fund’s stock worth $1,438,000 after acquiring an additional 2,600 shares during the last quarter. Thurston Springer Miller Herd & Titak Inc. lifted its stake in shares of SPDR Gold Shares by 6.6% during the 1st quarter. Thurston Springer Miller Herd & Titak Inc. now owns 568 shares of the exchange traded fund’s stock worth $164,000 after acquiring an additional 35 shares during the last quarter. Chatham Capital Group Inc. lifted its stake in shares of SPDR Gold Shares by 5.1% during the 1st quarter. Chatham Capital Group Inc. now owns 2,135 shares of the exchange traded fund’s stock worth $615,000 after acquiring an additional 104 shares during the last quarter. Finally, West Coast Financial LLC lifted its stake in shares of SPDR Gold Shares by 4.6% during the 1st quarter. West Coast Financial LLC now owns 8,495 shares of the exchange traded fund’s stock worth $2,448,000 after acquiring an additional 376 shares during the last quarter. 42.19% of the stock is owned by institutional investors.

SPDR Gold Shares Stock Performance

Shares of GLD stock opened at $357.64 on Friday. SPDR Gold Shares has a 52-week low of $236.13 and a 52-week high of $358.67. The firm has a market capitalization of $126.50 billion, a P/E ratio of -32.43 and a beta of 0.15. The stock has a 50 day moving average price of $324.54 and a 200 day moving average price of $309.50.

About SPDR Gold Shares

SPDR Gold Trust (the Trust) is an investment trust. The investment objective of the Trust is for the Shares to reflect the performance of the price of gold bullion, less the Trust’s expenses. The Trust’s business activity is the investment of gold. The Trust creates and redeems Shares from time to time, but in one or more Baskets (a Basket equals a block of 100,000 Shares).